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Banking giant JPMorgan $JPM (JPM) has forecasted the next wave of cryptocurrency exchange-traded funds (ETFs)—focusing on Solana and XRP—could experience substantial growth if the U.S. Securities and Exchange Commission (SEC) gives the green light.
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Although the U.S. economy has been resilient, with slowing inflation and a consistently strong labor market, JPMorgan $JPM Chase (JPM) CEO Jamie Dimon still sees two “significant risks” to the economy.
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The stock market is in the red, with the tech-heavy Nasdaq $NDAQ plunging more than 1% on Monday morning as new regulatory measures introduced by President Biden have severely impacted artificial intelligence (AI) stocks. These changes have raised concerns among investors, leading to a sharp sell-off in AI-related companies.
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As the winter chill sets in, many people are turning to indoor activities to stay warm and keep their spirits up. One of the most fun ways to spend a wintery afternoon with friends is digging through thrift shops.
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Cryptocurrency is gaining mainstream acceptance with each passing day. The endorsement it received from President-elect Donald Trump during the 2024 election campaign has further cemented its legitimacy within the financial industry and among the public.
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The S&P 500 is close to erasing all the gains it notched since Donald Trump’s election victory.
As of market close on Monday, the S&P 500 was up just 0.92% since Nov. 5 — the day Trump clinched a second term in the White House and set off a stock market rally. S&P 500 futures were up 0.27% early Tuesday, pointing to a potential bounce back after sinking 0.77% so far in January.
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The CEO of JP Morgan Chase says inflation and geopolitical conflicts are the two biggest risks to the economy
